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Guest article from Heads&Heads
This may seem like an overly dramatic title. However, after months of essentially no sport, Ascot was not only the saviour of matched betting but actually went on to exceed all expectations and produce more value than we have seen in years.
A shocking recovery
Now, it is no secret that without sport, matched betting is somewhat dead in the water. This indeed proved painfully true in the months of April and most of May. It also led many to negatively surmise that this whole saga would give bookmakers time to assess their position on new/existing customer offers and conclude that they should reign them in. In fairness, there was some logic behind such a thought – after all, the bookmakers would be financially suffering after such a drought of sport and the suggestion that they may tighten their belts was a legitimate one.
So, it was with a little apprehension that Heads&Heads approached Royal Ascot. As a company we decided against hyping the event in case the worst-case scenario (i.e the limited offers) came true – setting false expectations, after all, tends not to be the best business strategy.
Fortunately for us and all our members the very opposite happened. Not only were there far more existing customer offers than expected but in addition, individual members found loads of ‘customised’ offers in their inboxes. As if that wasn’t enough, some bookmakers even went so far as to relax restrictions on a few member’s betting accounts.
These weren’t rubbish offers either. Betfair in particular were on fire – providing £50 worth of guaranteed profit over the week by themselves. Overall Heads&Heads posted offers exceeding £2,000+ in value over the week, all of which were risk free. This deluge of offers reflected positively in our average member profit for the week, which totalled £291 (the highest being over £1,000!). Even more impressive was that this member average was achieved with an average time spent doing matched betting of just 9.5 hours.
The future is bright
As I am sure you will appreciate, even if you have never heard of matched betting before, these are some pretty incredible numbers. Royal Ascot 2020 did far more than just provide a profitable week for Heads&Heads members though. It gave us an insight into the bookmaker’s collective mindset and all the signs are that this is going to be a good year.
Far from holding things back, the bookmakers appear to be happy giving out numerous offers. So, any worries of matched betting not having long term value are quickly disappearing. This is not a situation unique to Royal Ascot week either – there have been plenty of offers appearing for the Premier League since Royal Ascot week concluded. When we consider that football is actually not going to stop this year (the next season starting immediately after the current one ends), this means we can confidently say matched betting will be providing people with a steady monthly income for the remainder of the year. Something, which we can all agree, is badly needed at the moment.
So, if you are interested in trying matched betting or need a second income to boost your monthly earnings, check out the matched betting guide in MoneyMagpie’s matched betting section. There is even a huge discount for you to use in there as well!
For full access to Heads&Heads and the huge profits available, use the discount code below for a MoneyMagpie exclusive discount – giving you 30 days Premium Membership for just £5, or a year’s membership for £80 (a saving of £70)!
Discount Code: MAGPIE5
And if you have any questions, join our Matched Betting Facebook Group.